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Credits Showcases over a Million Transactions per Second Unreachable for Any Other Blockchain Platform

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. On September 14, Credits performed a capacity test of its blockchain platform in a real life environment using thirty two geographically distributed nodes and broadcasted it live on Youtube. The test showed that the ...

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Switzerland and Israel Collaborate on Cryptocurrency & Blockchain Regulation

The Swiss Minister for Finance Ueli Maurer recently visited Israel along with State Secretary for International Financial Matters Joerg Gasser, citing their goal as gaining bank access to Israeli markets to allow Swiss banks to trade there. Reuters reports that the two nations have now agreed to collaborate on financial technology, cryptocurrency, and blockchain regulation following their discussion with the Israeli government. Gasser ...

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SIX Network Aims to Be the Pioneer in the Digital World to Integrate Blockchain in Daily Life

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. On ...

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Australia’s Financial Watchdog Cracks Down on ‘Misleading’ ICOs & Crypto Funds

Australia’s financial regulator and watchdog is ramping up its scrutiny into ‘misleading or deceptive’ initial coin offerings (ICOs) and crypto-asset funds targeting retail investors. The Australian Securities and Investments Commission (ASIC) has confirmed it has identified “consistent problems” to ultimately shut down several initial coin offerings aimed at soliciting funds from retail investors. A radical new form of digital fundraising ...

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iCoinbay Rolls out [Trading Premium Gain] Plan

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. On ...

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Brazil’s Antitrust Watchdog Probes Banks for Restricting Crypto Exchanges

Brazil’s antitrust watchdog, the Administrative Council for Economic Defense (CADE), has recently launched an investigation into whether the country’s banks are purposefully harming cryptocurrency exchanges by restricting their operations. According to Reuters, the investigation is set to find out whether the banks abused their position in the market to harm the crypto exchanges’ businesses in alleged monopolistic practices. Banks set ...

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Texas Regulators Shut Down Three Cryptocurrency Scams

The Texas State Securities Board has issued an emergency action to halt the deceitful offerings of investments in three cryptocurrency related schemes. The agency entered a cease and desist order against Coins Miner Investment Ltd, DigitalBank Ltd, as well as Ultimate Assets, who is charged for offering Texans misleading ROIs and promising to grow an initial investment of $1,000 into ...

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NYU Offers First Crypto Major in US, Sees Exponential Increase in Interest

New York University, a prestigious college found in 1831, has started to offer the first crypto major course in the US. Adjunct professor Andrew Hinkes told CBS New York in an interview that the institution is helping students understand both the legal and the business implications of crypto and blockchain technology. Hinkes said: “We hope to establish a groundwork so ...

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Hackers Nab $58k from Cryptocurrency Exchange with Fake EOS Tokens

Hackers were able to steal nearly $58,000 worth of cryptocurrency from the Newdex exchange by exploiting a vulnerability in the exchange, according to TheNextWeb. The hackers flooded the Newdex exchange with fake EOS tokens they created themselves to buy ADD, BLACK and IQ tokens from the centralized platform. Newdex acknowledged that an EOS account issued 1 billion phony EOS tokens. The ...

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Japanese Cryptocurrency Exchange Zaif Hacked, $58 Million in Losses

Japanese cryptocurrency exchange Zaif was the victim of a major hack last week, local media sources have reported and the company has now confirmed. The hack, which occurred on Sept. 14 but was not discovered until Sept. 17, saw the hacker steal various amounts of bitcoin, bitcoin cash, and monacoin from the exchange’s hot wallet, collectively worth 6.7 billion yen ...

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